Key Highlights
- In a statement, Warren said, “A Paramount Skydance-Warner Bros.
- merger would be a five-alarm antitrust fire and exactly what our anti-monopoly laws are written to prevent.” Related Stories News Paramount Launches Hostile Takeover Offer For Warner Bros.
- Discovery Executives Netflix Co-CEO Ted Sarandos Says Paramount’s Hostile Bid For WBD Was “Entirely Expected”, Still “Super-Confident” About Closing Deal Warren also criticized some of the funding for the Paramount bid, while urging that it be reviewed independently of Trump influence by the DOJ and the Committee on Foreign Investment in the United States.
- Watch on Deadline She said, “Paramount Skydance’s new hostile bid is backed by a who’s who of Trump buddies, from Jared Kushner’s private equity firm to the Ellison family to money flowing from the Middle East — raising serious questions about influence-peddling, political favoritism, and national security risks.
- The Department of Justice and the Committee on Foreign Investment in the United States (CFIUS) must review any Warner Bros.
